INDEX:BTCUSD   Bitcoin

EN : Well, with closing of the weekly candle last night at $ 50,700 , we see that the price fell more than 5% and now trading in the range of $ 47,500 , now if the static support of $ 46,700 price range is lost, we can expect the price to fall to the next 43,000 to $ 44,400 range) . Our first scenario is the same as the descending scenario mentioned in the previous analysis, and if the price rises , the analysis of the Bullish scenario will be valid. Read the latest 6 bitcoin analyzes for more information.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.